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Flex Space with Warehouse Capacity
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61400 American Lane, Bend, OR 97702

Industrial facility with offices, loading access, parking, and infrastructure supporting light manufacturing and shipping operations.

Property Size8,400 SF
Days on Market58

Property Features for 61400 American Lane

General Information

Standard status Active
Size 8,400 SF
Total Parking Spaces 24

Warehouse & Industrial

Three-Phase Power Yes
Sprinkler System Yes

Additional Details

Road Access Yes

Building Details

Building Size 8,400 SF
Listing Agency: RE/MAX Key Properties
Listed By: Dan C Steelhammer
Source: Evimerorealty
Added: Aug 20 Changed: Oct 16 Last Checked: Oct 16 at 8:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Key Properties

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Investment Insights

Based on property information with market context.

This 8,400-square-foot flex facility at 61400 American Lane combines open warehouse area with four offices and four restrooms. Four 14-foot roll-up doors support receiving and shipping, while three-phase power, strong interior lighting, and a full fire suppression system serve operational needs. The building is described as immaculately maintained and includes 24 parking spaces plus HC parking.

The property has frontage on American Lane and is suited to light manufacturing and shipping uses. Availability is anticipated for early October 2026, with showings scheduled by appointment and attended by the listing broker.

Key Highlights

  • 8,400‑square‑foot industrial building with open warehouse space
  • Four 14‑foot roll‑up doors for loading and shipping
  • Four offices and four restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$77,572
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,551,440 $1.6M
Cap Rate 7%
$1,108,171 $1.1M
Cap Rate 9%
$861,911 $861.9K
Market Conditions
NOI Build-Up for 8,400 SF
Gross rent
$113.9K $13.56/SF
− Vacancy
−$3.1K −$0.37/SF
EGI
$110.8K $13.19/SF
− OpEx
−$33.2K −$3.96/SF
NOI
$77.6K $9.23/SF
Area
Bend, OR
Vacancy
2.71%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,551,440
Cap Rate 7%
$1,108,171
Cap Rate 9%
$861,911

Alternative Uses

Best Use
Flex RnD
$1.63M
$1.43M – $1.91M (±1% cap)
NOI $114,398 @ 7.0% cap · market cap 11,439,800.00%
Second Best
Warehouse
$1.35M
$1.18M – $1.57M (±1% cap)
NOI $94,195 @ 7.0% cap · market cap 9,419,500.00%
Theoretical Best
Specialty Retail
$3.63M
$3.18M – $4.23M (±1% cap)
NOI $254,016 @ 7.0% cap · market cap 25,401,600.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Restaurant Grocery & Convenience Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97702, OR

51,161
Population
23,318
Households
2.2
Avg Household Size
42
Median Age
46%
College-Educated
96%
High-School Grad
103.5 sq mi
ZIP Area
494
Density / Sq Mi
$89,094
Median Household Income
$47,743
Median Earnings
$1,825
Median Rent
$620,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Korean Food by All Elements — 1177 SE 9th St, Bend, OR 97702

Frequently Asked Questions

What type of property is this?
Flex space - Industrial facility with offices, loading access, parking, and infrastructure supporting light manufacturing and shipping operations.
Where is this flex space located?
The property is located at 61400 American Lane Bend, OR.
What are key features of this property?
This property features: 8,400‑square‑foot industrial building with open warehouse space; Four 14‑foot roll‑up doors for loading and shipping; Four offices and four restrooms
More about this property
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